Notice Requirements

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Sec. 24. (a) The notice under section 23 of this chapter must contain a heading that reads substantially as follows:

"Notice. The State of Indiana requires us to notify you that your property may be transferred to the custody of the attorney general if you do not contact us before thirty (30) days after the date of this notice.".

(b) The notice under section 23 of this chapter must:

(1) identify the nature and, except for property that does not have a fixed value, the value of the property that is the subject of the notice;

(2) state that the property will be turned over to the attorney general;

(3) state that after the property is turned over to the attorney general an apparent owner that seeks return of the property must file a claim with the attorney general;

(4) state that property that is not legal tender of the United States may be sold by the attorney general; and

(5) provide instructions that the apparent owner must follow to prevent the holder from reporting and paying or delivering the property to the attorney general.

As added by P.L.141-2021, SEC.20.


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